CHT Stock | | | USD 38.12 0.02 0.05% |
Chunghwa Telecom financial indicator trend analysis is way more than just evaluating Chunghwa Telecom prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chunghwa Telecom is a good investment. Please check the relationship between Chunghwa Telecom Selling General Administrative and its Gross Profit accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Chunghwa Telecom Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
Selling General Administrative vs Gross Profit
Selling General Administrative vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Chunghwa Telecom Selling General Administrative account and
Gross Profit. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Chunghwa Telecom's Selling General Administrative and Gross Profit is -0.58. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Chunghwa Telecom Co, assuming nothing else is changed. The correlation between historical values of Chunghwa Telecom's Selling General Administrative and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Chunghwa Telecom Co are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Selling General Administrative i.e., Chunghwa Telecom's Selling General Administrative and Gross Profit go up and down completely randomly.
Correlation Coefficient | -0.58 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Selling General Administrative
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Chunghwa Telecom Co minus its cost of goods sold. It is profit before Chunghwa Telecom operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from Chunghwa Telecom's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chunghwa Telecom current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Chunghwa Telecom Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
Selling General Administrative is likely to drop to about 5.1
B in 2024.
Tax Provision is likely to drop to about 9.2
B in 2024
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 74.3B | 375K | 81.4B | 69.9B | Total Revenue | 209.4B | 136.7B | 223.2B | 222.9B |
Chunghwa Telecom fundamental ratios Correlations
Click cells to compare fundamentals
Chunghwa Telecom Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Chunghwa Telecom fundamental ratios Accounts
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